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Technology Stocks : Amkor Technology Inc (AMKR)
AMKR 48.13+12.1%3:59 PM EST

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To: tech101 who wrote (300)7/14/1999 6:20:00 PM
From: tech101   of 1056
 
Look at ASTSF, the direct competitor of Amkor in independent chip packaging and testing business but with

About 1/3 of the size and capacity
About 1/3 of the revenue and market share
With less advanced technology
Loaded with low margin products
A foreign concern in Taiwan

ASTSF's PE (Year 99) ration is about 36 vs. AMKR's 19.

On the other hand, SLR -- the largest electronics assembly company -- has a PE (Year 99) value 73 and Debt/Equity 0.88, while AMKR's PE and Debt/Equity are only 19 and 0.43.

Conclusion; AMKR will probably not stay at the level 12-14 long.
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